Friday, February 01, 2008

That's how much Rudy Giuliani spent on his doomed presidential bid. For all of that money, Rudy received a total of ONE delegate to the GOP convention. I wonder where the $12 mil that's left over goes?

At least he's not John McCain, who, while the presumed front runner for the nomination, had at the end of the 4th quarter about $3 mil cash on hand. He probably has had a surge in funding with his recent primary victories, but there is no way that he's going to be able to compete with Mitt Romney as far as cash for advertising is concerned.

Even worse off is Mike Huckabee, the Iowa caucus winner reported just under $700k cash on hand for the end of the 4th quarter. He's done after Super Tuesday.

Mitt Romney has a personal fortune of around $250 million and has lent his campaign around $40 million of it to date. His 4th quarter donations from people other than himself totaled around $9 million. He ended up with around $2.5 million cash on hand.

The big winner in the money raising race for the 4th quarter? Ron Paul. His donations totaled nearly $20 million, with the balance sheet reading nearly $8 million cash on hand by the end of the 4th quarter. What's interesting is that despite the media blackout, the lack of speaking time at the debates, and his ability to attract his fair share of kooks, nuts, and geeks. His fundraising totals have grown each and every quarter.The FEC reports are here and a good write up from the LA times of last quarter is here.

Of course all of this pales in comparison to Barack Obama. In the month of January, he raised $32 million dollars.